The implementation of 1% tax deducted at source (TDS) on crypto transactions from July 2022 has done more harm than good for crypto players in India, reducing domestic trade volumes by 90%, and the Centre must consider reducing the same to 0.01% to prevent investors from moving towards foreign exchanges, CoinDCX co-founder and CEOSumit GuptatellsPiyush […]
By Yesha Shah Was it in anyone’s realm of imagination that Samvat 2077 could be the best performing year in over a decade? Last year pre-Diwali, while India was battling the shocks induced by the pandemic, uncertainties regarding the future continued to prevail. Even amid elevated skepticism, Samvat 2077 has been a remarkable year with […]
Ahead of the visit of Prime Minister Narendra Modi, Ayodhya railway junction is undergoing a facelift with the aura of Treta Yug for pilgrims. The revamped railway station will see refurbished platforms, new signboards, escalators, lifts, and murals of Lord Ram painted on walls – which will be inaugurated by PM later this week.With encompassing […]
Indian benchmark indices are likely to open higher on the week’s last trading day, hinted SGX Nifty. On the Singapore Exchange, Nifty futures traded 84 pts or 0.47% higher at 18,038 level. In the previous session, BSE Sensex tanked 774 pts or 1.2% to 60,205, while the NSE Nifty 50 plunged 226 pts or 1.2% […]
King Charles III will give his second Christmas message from Buckingham Palace in front of a live tree decorated with sustainable ornaments. The message to be broadcast at 3 p.m. on Monday will be the king’s second holiday address since he ascended the throne but the first since his coronation in May. The natural decorations […]
By Amit Cowshish With the general elections for the 18thLok Sabha due early next year, Finance Minister Nirmala Sitharamanis expected to present an interim Budget for the coming fiscal on February 1, 2024. Some concessions can, however, be expected to be made to generate a feel-good effect among the voters and counter the promises of […]
Indian benchmark indices NSE Nifty and BSE Sensex opened green, however the indices fell half a percent as bears fought for dominance. While Sensex sank 254 pts to 60,812, Nifty 50 ended at 0.4% lower at 18,113. Bank Nifty settled in red, below the 42,500 mark. Majority of Sensex stocks closed in the red, with […]
By Nagaraj Shetti The lackluster type movement continued in the market on Wednesday and NSE Nifty 50 index closed the day higher by 9 points. After opening with a positive note, the market was not able to sustain the morning gains soon after the opening and it slipped into weakness in the early part of […]
Mahindra Group Chairman Anand Mahindra celebrates his 68th birthday today. Anand Mahindra was born on 1st May, 1955 in Bombay to late industrialist Harish Mahindra and Indira Mahindra. He got his MBA degree from the Harvard Business School in the USA. He joined the Mahindra Group in 1981 and played a key role in transforming […]
The National Stock Exchange (NSE) banned the trading in futures and options (F&O) of up to four stocks/securities on Wednesday, February 15, 2023. BHEL, Indiabulls Housing Finance, Ambuja Cements and Punjab National Bank (PNB) are the stocks/securities placed on the National Stock Exchange’s futures and options (F&O) ban for trade on Wednesday. According to the […]
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